The National Company for Glass Industries announces its Interim Financial Results for the Period Ending on 2023-03-31 ( Three Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 37.1 | 28.3 | 31.09 | 30.9 | 20.06 |
| Gross Profit (Loss) | 9.7 | 4.9 | 97.96 | -2.8 | - |
| Operational Profit (Loss) | 7.1 | 1.6 | 343.75 | -4 | - |
| Net Profit (Loss) after Zakat and Tax | 8.6 | 35.3 | -75.64 | 11.7 | -26.5 |
| Total Comprehensive Income | 8.6 | 35.3 | -75.64 | 8.2 | 4.88 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Share Holders Equity (after Deducting Minority Equity) | 700.3 | 659 | 6.27 |
| Profit (Loss) per Share | 0.26 | 1.07 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The main reason for the decrease in net profit for the current quarter compared to the same quarter of the previous year was due to:
•Decrease in associated companies ’profit in the float glass sector due to maintenance at Saudi Guardian International Float Glass Company Limited at Jubail. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is | The main reason for the decrease in net profit for the current quarter compared to the same quarter of the previous year was due to:
•Decrease in associated companies ’profit in the float glass sector due to maintenance at Saudi Guardian International Float Glass Company Limited at Jubail. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | The comparative figures have been reclassified to conform to the presentation in the current period |
| Additional Information | The operating profit from Glass containers for the current quarter is SAR 7.1 million as compared with SAR 1.6 million of same quarter of last year. |
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